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Retail Strip with Corporate Guarantees
For Sale
Contact for pricing
Pending

3909 Broadway Street, Mount Vernon, IL 62864

Outparcel retail center along Mount Vernon’s primary shopping corridor with access to Highways 57 and 64.

Property SizeContact for details
Days on Market143

Property Features for 3909 Broadway Street

General Information

Standard status Pending
Property subtype Retail, Office
Listing Agency: MRP Capital Group
Listed By: ADRIENNE DOERR · License #MO
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 10:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MRP Capital Group

Investment Insights

Based on property information with market context.

This retail strip occupies an outparcel within a redeveloped mall campus in Mount Vernon, Illinois. The surrounding development was repositioned as a junior-box retail project anchored by Hobby Lobby and Ross Dress for Less, each supported by long-term leases. The property includes AT&T and Kay Jewelers as tenants, with both backed by corporate guarantees.

Broadway Street serves as a major retail route through Mount Vernon and provides connectivity to the city as well as Highways 57 and 64. The site’s placement within the broader redevelopment brings it into an established retail setting with nationally recognized anchor tenants and direct exposure to the community’s principal shopping corridor.

Key Highlights

  • Outparcel retail strip within a redeveloped mall campus
  • Hobby Lobby and Ross Dress for Less serve as junior‑box development anchors
  • AT&T and Kay Jewelers tenants backed by corporate guarantees

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

783
Businesses Nearby
120k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 34% Groceries 34% Shops & Services 18% Apparel 11%
Kroger Groceries
40,428 visits/mo 0.2 miles
Rural King Home Improvements & Furnishings
36,032 visits/mo 0.4 miles
Casey's Shops & Services
9,945 visits/mo 0.5 miles
Goodwill Apparel
6,810 visits/mo 0.4 miles
Cato Apparel
6,600 visits/mo 0.2 miles

Demographics for 62864, IL

23,327
Population
11,105
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
143.0 sq mi
ZIP Area
163
Density / Sq Mi
$58,082
Median Household Income
$36,440
Median Earnings
$882
Median Rent
$117,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Outparcel retail center along Mount Vernon’s primary shopping corridor with access to Highways 57 and 64.
Where is this strip mall located?
The property is located at 3909 Broadway Street Mount Vernon, IL.
What are key features of this property?
This property features: Outparcel retail strip within a redeveloped mall campus; Hobby Lobby and Ross Dress for Less serve as junior‑box development anchors; AT&T and Kay Jewelers tenants backed by corporate guarantees
(314) 690-2777 Call to check price and availability
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